I'll believe it when I see it. Still haven't seen any update on the audit of bitcoin owned by the government or the actual implementation of the strategic reserve...
Discussion
I understand your concern, but wouldn't be a perfect strategy to keep Bitcoin low before they have cash on hand from selling gold or other assets?
yep. but these are just our dreams/desires. they're not reality. no one in the administration has said or hinted at doing this.
i'll be pleasantly surprised if they do it though, especially given trump's gold pumping tweet this morning
I would say it's a game theory rather dreams, and every theory becomes reality after the fact.
On the other hand Nixon in 1971 also didn't warn anybody before suspended dollars convertability to gold.
Scott Bessent in the 90s when constructed speculative attack on GBP with Sorros, didn't warn anybody.
Playing poker, you never show your cards and bluff all the time. I don't think they are different, everything is on the table...
Time will tell...
yep, its a theory that you and many bitcoiners share. it doesn't seem like the general market agrees with this theory, but that doesn't mean you can't end up being right.
personally, i'd bet that in a decade, gold will still have a higher market cap than bitcoin.
yes, Bitcoiners don't believe a shit politicians say, they didn't believe Trump would pardon Ross too. Yet, he did.
Interesting times we live in. Let's grab a popcorn and enjoy the show;)